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©Daffodil International University
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©Daffodil International University 4. Findings of the Study
The findings of the study are as follows:
Positive findings
(i) Good Job Analysis Policy
The Daily ProthomAlo follow good job analysis policy. They do Perfect job description and job specification. The ProthomAlo job analysis exercise is to be undertaken with the help of HR Department, Head Office. The Job Analysis and Job design is prepared before the recruitment is done. The contract signed before joining states the job description of the post the employee is joining. By setting the job description clarifies the tasks he needs to carry on and benefits both the ProthomAlo and the employee himself.
(ii) Effective Human Resource Planning Policy
The Daily ProthomAlo have very strong and effective human resource planning policy.
they believe that their Human Resources give the company a significant competitive edge in terms of knowledge and experiences.
(iii)Effective Training & Development Policy
The Daily ProthomAlo has very effective training and development policy. They provide training to the employees according to the requirements of the organization. Thus, the staff members get the opportunity to sharpen their existing skills or develop specialized skills which in turn, will help them to take up some new roles. The DailyProthomAlo provide classroom lecture training conference training, seminar, audio visual training etc.
(iv) Standard Performance Appraisal Systems
The Daily ProthomAlo use effective and different performance appraisal methods. They give more focus on performance than length of service. The team communicates with the staff individually from time to time and provide all the necessary information regarding their performances and also defines their respective roles. usally they do performance appraisal per 6 month of year..
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©Daffodil International University (v) Standard Pay Structure
The Daily ProthomAlo are well paid comparatively othernewspepar. The Daily ProthomAlo follows the Wage Board, announced by the government for newspaper staffs.
The ProthomAlo is regular in providing its staffs their due overtime and has a reputation of regular payment. It also provides gratuity and provident funds to all staff members.
Besides, They gives two additional festival bonuses to all members every year.
Negative findings
(i) Poor Recruitment & Selection Policy
The Daily ProthomAlo recruitment process are time consuming and expensive. Too much misuse of reference power.There is no alternative way to recruiting policy such as internship, over time, job rotation, sub-contracting etc.
(ii) Unattractive Compensation Policy
Compensation package of the Daily ProthomAlo is not attractive to hold a qualified employee. Under the direct compensation system ProthomAlo offer almost all type of compensation but indirect compensation system they should offer something new.
(iii)Unclear Research and Development Policy
They have lack emphasize on research and development, means that they continuous upgrading the work process through technology but not paying enough attention to the employee development and their demand.
(iv) Traditional Promotion Policy
They use traditional promotion policy. They maintain both vertical and horizontal promotion policy.
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©Daffodil International University 4.1. Recommendations
In the light of the findings, the recommendations are as follows:
(i) To formulate ideal recruitment & selection policy: The ProthomAlo should take steps to stop the too much exercise the reference power; it will affects the other employees confidents and willingness to the work.There should keep alternative way to recruiting policy such as internship, over time, job rotation, sub-contracting etc.
(ii) To prepare attractive compensation policy:The indirect compensation system they can add housing, food, loans, children education expenses, discount on purchase etc.
(iii)To formulate clear and standard research & development policy: The ProthomAlo should give more emphasize on research and development and they should pay enough attention to the employee development and their demand.
(iv) To formulate effective promotion policy: They should not use traditional promotion policy. And they should not follow only senioritypromotion criteria.
Their promotion system should be based on merit list. They should use dynamic and modern promotion policy.
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©Daffodil International University 4.2. Conclusions
The above discussion reviews the present state of The Daily ProthomAlo Human Resources Management Department and its likely development in the near future. The adoption of human resource management has been driven by a range of stakeholders with different interests and expectations. It has been interpreted differently around the world but globalization has encouraged an increasing convergence. In recent years, improvements in HR metrics have resulted in clear evidence for the effectiveness of HRM initiatives, especially when they are delivered in strategic 'bundles'.HRM also overlaps with other management approaches such as human capital management, talent management and knowledge management and this trend is likely to continue. HR specialists are no longer able to focus solely on their own local employment markets as global competition and outsourcing become dominant factors in the allocation of human resources. In this modern area of globalization and privatization, the national commercial organizations are still playing an important role in the development of economic condition of Bangladesh.
Though Bangladesh needs huge task and performance to develop its weak economic condition and acute unemployment problem, for industrialization it needs infrastructure, communication facility, available energy, government policy, and effective manpower etc.
As Bangladesh is one of the developing countries in the South East Asia with a challenging economic condition and unemployment problem. So huge capital investment is badly needed to enrich the economic scenario as well as employment opportunities. The Daily ProthomAlo is playing a vital role by providing the right information to the world and business leaders so that foreign and national individuals can invest in Bangladesh. The Daily ProthomAlo also providing the right direction to the govt. officials and helping nation by providing the true story. The HRM Department of The Daily ProthomAlo is in a position of satisfactory. I have gained lot of experience work with the daily ProthomAlo.
Hopefully it helps me to bright my career in HRM area. The ProthomAlo uphold the slogan is “bodle jaw bodledaw”.